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hkk hkk
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7 years ago
BillyBob Corporation deposits $60,000 at the beginning of every quarter in a savings account for the next six years so that it can purchase a new piece of machinery at the end of six years.  The interest rate is 12%.  How much money will BillyBob Corporation have at the end of six years?
A) $2,065,588
B) $399,748
C) $545,341
D) $2,127,556
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Intermediate Accounting

Intermediate Accounting


Edition: 1st
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atree1157atree1157
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Posts: 231
7 years ago
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hkk Author
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7 years ago
You're an excellent tutor!
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